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-   -   UAL $1.3B Pre-tax Profit Q3 (https://www.airlinepilotforums.com/united/151434-ual-1-3b-pre-tax-profit-q3.html)

MasterOfPuppets 10-16-2025 07:38 AM


Originally Posted by khergan (Post 3960633)
Most of their bases, not with anyone. But they are in pretty fierce competition with everyone in LAX, and with AS in Seattle. I guess AA and B6 if you count JFK/LGA.

I guess I'm curious to see what their "secret sauce" is because they consistently have much, much higher margins than us.

well if you count LAX as a battle for DL then you have to count it for United too….


The secret sauce is called ATL. There passenger emplanment is something crazy like $5 and they own it with 1000 movements a day and it’s perfectly located to capture leisure travel to some of the biggest markets in the country.

if United EVER beats DL on a yearly profit then DL is having problems.

there is a lot of Apples to Apples we can compare between DL/UA and when you compare those United is leading in a lot of regards but profit will always be apples to oranges because of ATL.

HwkrPlt 10-16-2025 07:45 AM

It's a hell of a time to be alive when people are *****ing about an airline only having a $1.3 billion profit.

Longhornmaniac8 10-16-2025 07:51 AM


Originally Posted by JTwift (Post 3960557)
yup. Lower profit, more pilots.

but I’ll take that over furloughs. (Best wishes to our NK folks)

Am I looking at the wrong line on the Earnings Report? From what I can see, our YTD pre-tax income, which I believe is what our profit sharing is based on, is up 4.2% over 2024's.

Anyone have any idea what our pilot numbers look like this year vis-a-vis a year ago? I feel like we haven't had a whole lot of growth but 4.2% of 18000 pilots is less than 90, and I suspect we've grown more than that with PS-eligible pilots.

tallpilot 10-16-2025 09:11 AM


Originally Posted by hummingbear (Post 3960548)
That’s a bit simplistic. If the company’s performance gets you the option of WBCA 5 years earlier or later, that could have a massive impact on your career earnings. Ditto that if growth or reductions affects your ability to hold more efficient schedules, more days off, puts us in a position to negotiate bigger contract gains- prevents or results in furloughs & downgrades, etc. Some guys really geek out on the 10-K stuff- which, at the end of the day, yeah, is just reading tea leaves since we don’t control it. But we absolutely benefit directly & indirectly when the company is well run.

This is correct. Pilots have about as much control over these things as ramp agents but are massively more affected by them from a career earnings perspective. Growth is wonderful, growth without profit leads to the opposite of growth which is painful.

Fortunately there is plenty of profit here. Is beating Delta the goal or having twice as many widebody positions available? Which is more beneficial to the average pilot?

Uninteresting 10-16-2025 09:25 AM


Originally Posted by khergan (Post 3960633)
Most of their bases, not with anyone. But they are in pretty fierce competition with everyone in LAX, and with AS in Seattle. I guess AA and B6 if you count JFK/LGA.

I guess I'm curious to see what their "secret sauce" is because they consistently have much, much higher margins than us.

Wall Street, aka, big $$$ investors, currently puts a premium on DL vs UAL based on market cap of which DL is 25% higher even as UAL is larger and has more high margin WBs. Maybe it’s a CEO premium (although SK made 25% more than EB last year)? non union vs union FAs? DL certainly competed extremely well against wn in ATL as wn has massively been reducing ops there the past couple of years. or maybe it’s the hat and double breasted van admiral premium?

fostro 10-16-2025 10:18 AM


Originally Posted by HwkrPlt (Post 3960645)
It's a hell of a time to be alive when people are *****ing about an airline only having a $1.3 billion profit.

Good Point, completely agree! Lol

That said, I have seen a dip in our international loads, hopefully just seasonal!

In Unity...

jdavk 10-16-2025 10:51 AM


Originally Posted by fostro (Post 3960702)
I have seen a dip in our international loads, hopefully just seasonal!

Yep - happens every year.

SoFloFlyer 10-16-2025 10:53 AM


Originally Posted by khergan (Post 3960524)
He's an annoying kool-aid chugger who has no identity outside of his employer, but he's also not wrong.

The gonkulator tells me that Delta’s pre-tax profit is ~59 % higher in cumulative absolute terms for YTD 2025. They're obviously doing something that we aren't, and simply buying a ton of airplanes isn't addressing that.

It’s hard to compare the two because they’re totally different companies. DL is well established and very well ran. Decades of building the brand will do that. UA has had about 3-4 years of rebranding. If UA can accomplish this much in this short amount of time, I think UA has a real shot of beating DL.


ThumbsUp 10-16-2025 11:05 AM


Originally Posted by MasterOfPuppets (Post 3960639)
well if you count LAX as a battle for DL then you have to count it for United too….


The secret sauce is called ATL. There passenger emplanment is something crazy like $5 and they own it with 1000 movements a day and it’s perfectly located to capture leisure travel to some of the biggest markets in the country.

if United EVER beats DL on a yearly profit then DL is having problems.

there is a lot of Apples to Apples we can compare between DL/UA and when you compare those United is leading in a lot of regards but profit will always be apples to oranges because of ATL.

This. Having such a cheap fortress hub in ATL is a game changer.

JTwift 10-16-2025 11:07 AM


Originally Posted by ThumbsUp (Post 3960720)
This. Having such a cheap fortress hub in ATL is a game changer.

let’s make one of our own. Casper, Wyoming can’t be that expensive!


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